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I am interested in getting feedback about your experience with internet health insurance leads. 1) What is the highest price per lead you've paid for ...


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Old 07-08-2008, 07:58 AM   #1
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Price/performance of internet health insurance leads             Go to Top


I am interested in getting feedback about your experience with internet health insurance leads.

1) What is the highest price per lead you've paid for internet health insurance leads?

2) What was the best conversion ratio per lead you've had?

Thanks for your feedback.
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Old 07-08-2008, 08:57 AM   #2
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CHUMPS FROM OXFORD on Price/performance of internet health insurance leads - Insurance Agent Forum
 
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Re: Price/performance of internet health insurance leads             Go to Top

Your best bet is to "search" the Forum, using the topic "leads." There are so many threads, you'll keep busy for a while.

You can also check out the 2008 and 2008 Midyear Lead reviews. They were authored by the President of an Association with more than 70,000 members.
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Old 07-08-2008, 09:02 AM   #3
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dmiller90 on Price/performance of internet health insurance leads - Insurance Agent Forum
 
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Re: Price/performance of internet health insurance leads             Go to Top

Originally Posted by channel234 View Post
I am interested in getting feedback about your experience with internet health insurance leads.

1) What is the highest price per lead you've paid for internet health insurance leads?

2) What was the best conversion ratio per lead you've had?

Thanks for your feedback.
Looks Like Benepath, would be someone I would Skip due to the Misleading Advertising they use. Should tell you something about this company, If your spending $18-20.00 for a Exclusive Lead, and they are advertising Health Insurance at $44.00 per month.
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Old 07-08-2008, 09:22 AM   #4
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Re: Price/performance of internet health insurance leads             Go to Top

I have paid $100 per lead with a 100% close ratio.

A P&C agency that doesn't want to mess with health sends us their clients, which are virtually all large affluent self employed families.

The issue is not cost per lead, the issue is ROI.

$100 per lead to some might sound high , but it is no different that 100 shared leads at $1 and closing 1% - same thing , less work.

There is a balance.
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Old 07-08-2008, 10:55 AM   #5
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CHUMPS FROM OXFORD, dmiller90, dmiller90

Thanks four your input.
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Old 07-08-2008, 11:57 AM   #6
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CHUMPS FROM OXFORD on Price/performance of internet health insurance leads - Insurance Agent Forum
 
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Don't forget TX. He actually owns a lead company. I swear to God!
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Old 07-08-2008, 12:07 PM   #7
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TXINSURACE....

Thanks for your info as well
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Old 07-08-2008, 12:42 PM   #8
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To give you the answer you are looking for Shared leads range from $5 to $10, exclusive from $12 to $30.

Throw some mud and see what sticks.
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Old 07-08-2008, 01:12 PM   #9
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robliano on Price/performance of internet health insurance leads - Insurance Agent Forum
 
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[COLOR=Sienna]I had some great success with live call transfers a few months ago. I used benepath (live calls are free for the first month you buy the the exclusive leads) and crushed with them, I wrote about 75%.

Tried Vimo too, wrote only 30% to 50% but I feel the leads weren't as good due to the $59 insurance ads they ran, the very same ads that they denied running when I confronted them about it. But at $15 a pop for Vimo calls, I'd still take them all day!

Either one is obviously a very good ROI.

I heard Norvax has live calls too.




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Old 07-08-2008, 02:03 PM   #10
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Re: Price/performance of internet health insurance leads             Go to Top

Originally Posted by CHUMPS FROM OXFORD View Post
Don't forget TX. He actually owns a lead company. I swear to God!
All I am asking for are real-world experiences of health inurance agents. There's nothing to worry about. I will value whatever info anyone would care to offer. It's that simple.
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Old 07-08-2008, 02:25 PM   #11
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healthagent on Price/performance of internet health insurance leads - Insurance Agent Forum
 
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Re: Price/performance of internet health insurance leads             Go to Top

1) Most I've paid = $35 for a Vimo transfer
2) Best conversion I've had is Benepath exclusive @ $20 a pop
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Old 07-08-2008, 04:40 PM   #12
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Best-varies...at times Netquote, InsureMe, VIMO, Leads4Agents...

Worst- Prospect Zone.
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Old 07-08-2008, 06:00 PM   #13
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Re: Price/performance of internet health insurance leads             Go to Top

Rob, the color on your posts are washed out. Can't you use plain black? My eyes are hurting.
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Old 07-08-2008, 10:51 PM   #14
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My experience with "Leadbot Exclusive"

Since April 9th, they have been able to generate a whopping 26 leads.

Here are the statistics so far: 24% return rate, of the leads not returned, 91% have been single leads. (8% couples) “0” have been families. 42% have been over 50 and a whopping 25% have been inner-city address.

I get to pay $16.00 per lead, and had to buy 40.

It is the gift that keeps on giving. --oh... the pain the pain.



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Old 07-08-2008, 11:09 PM   #15
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moonlightandmargaritas on Price/performance of internet health insurance leads - Insurance Agent Forum
 
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Re: Price/performance of internet health insurance leads             Go to Top

Originally Posted by arnguy View Post
Can't you use plain black? My eyes are hurting.
arn, did you get this out of al3's book?
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Old 07-09-2008, 07:17 AM   #16
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somarco on Price/performance of internet health insurance leads - Insurance Agent Forum
 
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Al has written a book?
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Old 07-09-2008, 09:22 AM   #17
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bill3173 on Price/performance of internet health insurance leads - Insurance Agent Forum
 
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Re: Price/performance of internet health insurance leads             Go to Top

Originally Posted by pathfinder View Post
My experience with "Leadbot Exclusive"

Since April 9th, they have been able to generate a whopping 26 leads.

Here are the statistics so far: 24% return rate, of the leads not returned, 91% have been single leads. (8% couples) “0” have been families. 42% have been over 50 and a whopping 25% have been inner-city address.

I get to pay $16.00 per lead, and had to buy 40.

It is the gift that keeps on giving. --oh... the pain the pain.


Don't pull out the crying towel just yet. They have a way of coming through at the last minute. I used them just over a year ago and wrote one family health plan, one single and three life of the last two leads in the batch. One of the policies was placed a year later. I wouldn't buy their health leads again though. I bought two batches and both were the same. 40 leads and two that ended in a few sales.
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Old 07-09-2008, 10:03 AM   #18
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Re: Price/performance of internet health insurance leads             Go to Top

Originally Posted by bill3173 View Post
Don't pull out the crying towel just yet. They have a way of coming through at the last minute. I used them just over a year ago and wrote one family health plan, one single and three life of the last two leads in the batch. One of the policies was placed a year later. I wouldn't buy their health leads again though. I bought two batches and both were the same. 40 leads and two that ended in a few sales.

Thanks for the "hopeful" statement.
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Old 07-09-2008, 02:17 PM   #19
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Re: Price/performance of internet health insurance leads             Go to Top

I have been looking into the live lead transfers lately, but don't know what company to go with.
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Old 07-09-2008, 03:08 PM   #20
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CHUMPS FROM OXFORD on Price/performance of internet health insurance leads - Insurance Agent Forum
 
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Re: Price/performance of internet health insurance leads             Go to Top

They are all unpredictable.

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Last edited by CHUMPS FROM OXFORD : 07-09-2008 at 03:10 PM.
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